Their battery technology could electrify heavy vehicles. Now Echion gets £12-million investment boost
28 nov. 2024
15:46
British founders Jean de La Verpilliere and Alex Groombridge started their company Echion in the labs at Cambridge University seven years ago. Now their battery material technology is getting a new £10 million investment in the hopes that it can revolutionize the electrification of heavy-duty vehicles.
Going electric is still a massive challenge for makers of heavy-duty industrial vehicles.
Echion Technologies, based outside Cambridge, is hoping to be part of the solution. The company has developed a niobium-based anode material that enables faster charging of high-density lithium-ion batteries that are especially well suited to heavy transport vehicles.